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Portable Generators Market Analysis of Opportunities Offered by High Growth Economies Till 2022

02-01-2018 12:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Portable generators are powered by diesel or gas, providing temporary electrical power. Manufacturers are focusing more on producing gas generators as diesel generators lead to lot of noise pollution. Along with this, generator manufacturers are also focusing on developing bi-fuel portable generators, as it offers various environmental benefits and leads to significant fuel saving. This report, compiled by Fact.MR, provides in-depth analysis of the global portable generators market for the forecast period 2017-2022, and offers key insights about future market direction.

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Scope

The scope of Fact.MR’s report is to analyze the global portable generators market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Portable generators manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to portable generators.

In order to offer readers with up-to-date information about the latest advancements in the global portable generators market, the report provides updates about market opportunities, which can benefit leading manufacturers of portable generators. With continuous evolution of the consumer goods sector, keeping a record of latest developments and trends is fundamental for portable generators manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

The Fact.MR report provides an in-depth and segment-wise analysis and forecast on the global portable generators market. The global portable generators market is segmented into power output, end use, application, and region. Through this section, the report provides country-wise forecast on all the major parameters.

Browse Full Report With TOC- https://www.factmr.com/report/275/portable-generators-market

5 Forecast Highlights on Global Portable Generators Market

1- North America is expected to remain dominant in the global portable generators market. North America is projected to reach close to US$ 300 million by the end of 2022. North America portable generator market is witnessing a growth, due to increasing number of residents opting for portable generators to keep essential appliances at home working during power cut owing to the bad weather conditions.

2- Japan portable generators market is expected to experience moderate growth during the forecast period, 2017-2022.

Portable generators with a power output of 1.0 to 3.0 KW are expected to experience above-average growth during the forecast period. Towards the end of 2022, 1.0 to 3.0 KW portable generators are estimated to reach just above US$ 450 million revenues. Meanwhile, 3.0 to 5.0 KW portable generators are expected to gain more than one-fourth of the revenue share by 2017 end.

3- Residents are expected to emerge as the largest users of portable generators during 2017-2022. By the end of 2017, the residential sector is projected to account for nearly three-fifth of the revenue share on global revenues. Meanwhile, the commercial sector will show moderate growth during the forecast period.

4- Portable generators offering standby backup power are expected to witness above-average growth. Accounting for more than three-fourth of the revenue share by 2017 end, the standby backup power application is projected to surpass US$ 750 million revenue by the end of 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global portable generators market through 2022, which include Champion Power Equipment, Briggs & Stratton Corp, Generac Power Systems, Inc., Kohler Co. Inc., Honeywell International Inc., NIDEC Corp, Yamaha Motor Co., Ltd, and STEPHILL GENERATORS LTD.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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